Plan Snapshot
- Plan Sponsor: Shaker Auto Group INC.
- Sponsor EIN: 208277487
- Sponsor Address: 1230 MAIN ST, WATERTOWN, CT, 06795
- Plan Type: 401(k)
- Total Participants: 350
- Total Assets: $8.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 350 | $8.1M | $0 | $614,548 |
| 2023 | 250 | $7.2M | $0 | $601,181 |
| 2022 | 242 | $5.9M | $0 | $457,853 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| CAPITAL GROUP RETIREMENT PLAN SERVI | RECORDKEEPER | $18,383 | — | $18,383 |
| PASI | CONTRACT ADMIN | $13,686 | — | $13,686 |
| CLIFTONLARSONALLEN LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CLIFTONLARSONALLEN LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $32,069
- Estimated Expense Ratio: 0.394% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $32,743 | — | $32,743 | — | — |
| 2023 | $24,974 | — | $23,267 | — | — |
| 2022 | $20,206 | — | $18,920 | — | $1,286 |